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Sourcing/Procurement/SRM: Page 63

Nearshoring to Mexico in 2024: What to Consider Before You Relocate
Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.
Photo: iStock / natatravel
LG Chem, GM Sign $18.6B Battery Materials Supply Deal
The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.
Photo: iStock.com/PhonlamaiPhoto
Watch: Do We Have the Labor to Drive Advanced Manufacturing in the U.S.?
Elizabeth Berthelette, head of Northeast research and national life science research with Newmark, details the findings of the firm’s latest report on advanced manufacturing and labor availability in the U.S.
Do We Have The Labor To Drive Advanced Manufacturing In The Us
Germany Invests $1.1B to Counter China on Raw Materials
A selection process will be established to determine which projects — including extraction, processing and recycling materials — are eligible, the people said, speaking on the condition of anonymity.
Hamburg, Germany. Photo: Martin Leissl/Bloomberg
Transparent Software Supply Chains Will Usher in Healthcare Cyber Quality
As software bills of materials analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.
Refocusing on High-Impact Sustainability Wins
Organizations face mounting pressure to ensure the sustainability of not just their operations and supply chains, but also those of their domestic and overseas supply chain partners.
Don’t Forget the Human Side of the SRM Equation
Development of SRM tools using artificial intelligence and other advanced technologies is rapidly proliferating, but supply chain organizations shouldn’t forget to personally nurture supplier relationships.
Creating Value with Collaborative Bidding Methods
It’s time to challenge using some of the common “best practices,” such as the RFP process, and instead introduce more collaborative approaches when selecting more strategic suppliers.
How Sustainable is Your Supply Chain?
To overcome the challenges which have held back sustainability efforts, companies can employ new actions and approaches to improve results.
Revolutionizing the World of Commerce: Exploring Innovative Trends in Global Supply Chain Management
Businesses that leverage cutting-edge technologies can revolutionize their supply chain operations and reap the rewards.
Major Carmakers Could Be Using Uyghur Forced Labor, Report Says
Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.”
Photo: iStock.com/Andrii Koval
The Rise of the Reshoring Movement in the U.S.
Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.
The word 'RESHORING' is written on a typewriter. Photo: iStock.com/pedrosala
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Case Studies
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Case Studies
How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID
Case Studies
Recycled Tagging Fasteners: Small Changes Make a Big Impact
Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)
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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking
Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.
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Moving Robots Site-to-Site